Stock Market Viewpoint

Stock Market Viewpoint
Reading the Tea Leaves...

Wednesday, December 20, 2017

MSFT Experiencing A Volatile Tug Of War

After MSFT's breakout from its four year blue channel recently, it has become unusually volatile.




click on image to enlarge



The bullish pressure to take it higher is obvious but if it doesn't work out and the stock slips back down into its four year blue channel it will leave a very bearish double prong top visible to all.  


Trade well my friends

Alan


Blog Archive